REVOLVING LINE OF CREDIT (Details) (USD $)
|
9 Months Ended |
---|---|
Sep. 30, 2014
|
|
REVOLVING LINE OF CREDIT {2} | |
Company extended a credit agreement with a bank that provides for a revolving line of credit in millions | $ 2.5 |
Non usage commitment fees percentage per annum | 0.25% |
Interest rate of the bank's prime rate plus | 0.25% |
Initial borrowing base under the Credit Facility | $ 40,000,000 |
LIBOR for the applicable interest period plus a margin between | 1.75% and 5.00% |
Federal funds rate plus per annum | 0.50% |
Adjusted LIBOR determined on a daily basis for an interest period of one-month, plus | 1.00% |
Margin between | 2.75% and 6.00% |
X | ||||||||||
- Definition
Adjusted LIBOR determined on a daily basis for an interest period of one-month, plus No definition available.
|
X | ||||||||||
- Definition
Company extended a credit agreement with a bank that provides for a revolving line of credit in millions No definition available.
|
X | ||||||||||
- Definition
Federal funds rate plus per annum No definition available.
|
X | ||||||||||
- Definition
Initial borrowing base under the Credit Facility No definition available.
|
X | ||||||||||
- Definition
Interest rate of the bank's prime rate plus No definition available.
|
X | ||||||||||
- Definition
LIBOR for the applicable interest period plus a margin between No definition available.
|
X | ||||||||||
- Definition
Margin between No definition available.
|
X | ||||||||||
- Definition
Non usage commitment fees percentage per annum No definition available.
|
X | ||||||||||
- Details
|